Mrs. Phalleap S., 31 and her husband, Mr. Thy Sun, 36, (pictured together) live in the Muk Kampoul District of Koh Dach, a famous island located thirty kilometers along the Mekong River roughly fifteen kilometers northeast of Phnom Penh. Koh Dach has been nicknamed Silk Island because of the many villagers there who weave silk on traditional looms. There are also many fishing villages on the island which is how Phalleap S. and Thy Sun earn a portion on their income.
The couple has two girls ages 12 and 15 attending grade eight and grade five respectively. In addition to selling fish they also produce alcohol from rice in their yard. Now, they are now looking to expand their reach into a third business, raising pigs! It is common for people here to run several businesses at one time in order to survive when one business has a bad month.
Phalleap will use her Kiva loan to build a pigpen next to the alcohol/rice production facility in their yard. She will also use the money to buy several piglets to raise. In the future the couple would like their businesses to continue to grow.
MAXIMA Mikroheranhvatho is a Cambodian microfinance institution founded in 2000 to help low-income rural and urban people and small- to medium-sized businesses (SMEs) access financial services. Sustainable access to credit helps to create jobs and enables business owners improve their living conditions, educate their children, provide health care to their families, and more. It also enables the rural poor to remain at home with their families, rather than moving to city centers in search of employment.